Price for Tools, Hand; Chain Saw Blades in Singapore - 2022

Contents:

  1. Price for Tools, Hand; Chain Saw Blades in Singapore (CIF) - 2022
  2. Price for Tools, Hand; Chain Saw Blades in Singapore (FOB) - 2022
  3. Imports of Tools, Hand; Chain Saw Blades in Singapore
  4. Exports of Tools, Hand; Chain Saw Blades in Singapore

Price for Tools, Hand; Chain Saw Blades in Singapore (CIF) - 2022

The average import price for tools, hand; chain saw bladeses stood at $25,735 per ton in 2022, surging by 45% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($26,703 per ton), while the price for China ($22,625 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tools, Hand; Chain Saw Blades in Singapore (FOB) - 2022

In 2022, the average export price for tools, hand; chain saw bladeses amounted to $27,014 per ton, remaining constant against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tools, hand; chain saw blades export price increased by +64.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 53%. Over the period under review, the average export prices reached the peak figure at $28,702 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($40,078 per ton), while the average price for exports to Malaysia ($18,117 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tools, Hand; Chain Saw Blades in Singapore

Tools, hand; chain saw blades imports into Singapore surged to 3.5K tons in 2022, growing by 25% compared with 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tools, hand; chain saw blades imports soared to $91M in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Tools, Hand; Chain Saw Blades in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland42.940.040.674.120.0%
ChinaN/A0.58.515.8462.1%
Others0.80.41.31.523.3%
Total43.740.850.491.427.9%

Top Suppliers of Tools, Hand; Chain Saw Blades to Singapore in 2022:

  1. Switzerland (2.8K tons)
  2. China (0.7K tons)

Exports of Tools, Hand; Chain Saw Blades in Singapore

In 2022, overseas shipments of tools, hand; chain saw bladeses were finally on the rise to reach 757 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a noticeable contraction.

In value terms, tools, hand; chain saw blades exports skyrocketed to $20M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Tools, Hand; Chain Saw Blades in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia8.97.96.414.116.6%
Maldives1.70.90.62.05.6%
Pakistan1.10.60.61.48.4%
Sri Lanka0.81.00.61.420.5%
Bangladesh0.10.10.30.681.7%
Malaysia0.30.4N/A0.410.1%
Nigeria1.3N/A0.4N/A-44.5%
Taiwan (Chinese)N/A1.81.1N/A-38.9%
Others0.20.30.50.644.2%
Total14.313.110.620.412.6%

Top Export Markets for Tools, Hand; Chain Saw Blades from Singapore in 2022:

  1. Indonesia (562.6 tons)
  2. Pakistan (55.2 tons)
  3. Maldives (49.4 tons)
  4. Sri Lanka (37.0 tons)
  5. Malaysia (20.3 tons)
  6. Bangladesh (18.8 tons)

Source: IndexBox Market Intelligence Platform

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